Standard Chartered said wealthy clients’ confidential information was stolen in Singapore from a printing company, underscoring the vulnerability of global banks to attacks from hackers and thieves.
Meditor Capital Management, the $3bn hedge fund-firm run by Talal Shakerchi, is shutting its European equity fund, citing an internal review and new rules restricting short-selling.
All-Time Record for US Non-FIG Corporate Debt
World-class chefs create one-off mince pies to be auctioned in aid of FoodCycle and Kids Company.
Large-scale layoffs now thought likely.
Jobs will go.
An employee of Deutsche Bank’s Japanese brokerage unit was arrested Thursday on suspicion of bribery as the securities watchdog recommended penalties against the firm for excessive entertainment spending.
Banks under investigation for currency rate-rigging were told to record all questioning of employees and hand them over to investigators, as the U.K. markets regulator seeks to prevent interference with the probe, according to four people with knowledge of the case.
Since early September, a mysterious diner (or diners) has been leaving tips of over-the-top amounts at various restaurants across the country, stirring up skeptics and speculators alike and garnering huge attention across social media platforms.
BlackRock has hired Heather Loomis Tighe, a former managing director at JPMorgan, to help manage a group that caters to family offices, foundations and endowments in the Western U.S. and Canada.
Pacific Investment Management Co. fired back at the co-founder who oversaw the firm’s ascent for 43 years, saying Bill Gross’s lawsuit over his departure looks more like a screenplay than a legal filing and should be thrown out.
UBS is adding staff to its wealth-management business in Israel as a boom in the country’s technology industry turns a growing number of entrepreneurs into millionaires.